Comparative Corporate Governance of Non-Profit Organizations by Klaus J. Hopt, Thomas Von Hippel
By Klaus J. Hopt, Thomas Von Hippel
The industrial value of the non-profit zone is transforming into swiftly within the united states and Europe. notwithstanding, the legislations has no longer saved abreast with its improvement. the eu court docket of Justice has prolonged sure freedoms of the EC Treaty to non-profit firms, and extra case legislation is predicted to keep on with within the close to destiny, however the observations, theories, ideas and criminal and non-legal principles during this box are manifold. the possibilities of harmonising the legislations on a eu point are narrow. regardless of those modifications, a typical center of overseas company governance difficulties and regulatory options could be noticeable. This quantity of essays brings jointly numerous overseas specialists from either company governance and governance of non-profit companies to check the 2 parts and discover the teachings that may be realized concerning comparative company governance for non-profit enterprises.
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In fact, this may even be the key question regarding nonprofit organizations. But what kind of enforcement? The state alone cannot do it appropriately without killing initiative and enthusiasm. But there are no shareholders, in particular institutional shareholders, and no nonprofit organization share markets. This seems to remain the “central paradox of non-profit corporation governance”: so much public and private largess and so few accountability restraints. On this central unsolved question much more work has to be done.
L. Salamon and H. K. Anheier, Defining the Nonprofit Sector, Manchester 1997; H. K. Anheier and W. Seibel, The Nonprofit Sector in Germany, Manchester 2001. See “Feasibility Study on a European Foundation Statute”, Final Report to the European Commission (K. J. Hopt, T. von Hippel, H. K. Anheier, V. Then, Vahlpahl, and W. Ebke and E. pdf. Ibid. K. J. Hopt and D. 3 on Sat Mar 16 18:23:41 WET 2013. 001 Cambridge Books Online © Cambridge University Press, 2013 xxxvi preface tax law, which is loath to grant any tax benefits to non-residential institutions; however, it is also because of very different traditions relating to foundations.
Rev. Model Nonprofit Corp. Act Ind. J. IRC IRS J. Corp. L. JCP G J. L. & Econ. 3 on Sat Mar 16 18:23:42 WET 2013. Chi. J. Lov om erhvervsdrivende fonde Lov om fonde og visse foreningerand Loyola University Chicago Law Review MD&A Md. L. Rev. Milbank Q. MoCA Management’s Discussion and Analysis Maryland Law Review Milbank Quarterly Ministry of Civil Affairs NAAG NAO NASCO NCIB NCVO NICVA NJA NJW NJW-RR Nonprofit & Voluntary Sector Q. Rev. W. Rev. Y. Exec. L. Y. L. Sch. L. Rev. Y. Not-for-Profit Corp.